Guanghua Technology plans to invest 225 million yuan in Kainuo Zhongxing, acquiring a 21.46% stake
2026-11-09 19:00:53
According to CoinMeta, Guanghua Technology announced that the company plans to invest 225 million yuan using its own funds and raised capital to acquire Hebei Kainuo Zhongxing Technology Co., Ltd. Through this investment, 200 million yuan will be used to subscribe for the additional registered capital of Kainuo Zhongxing, and 25 million yuan will be used to purchase a portion of the equity held by Nanjing Mingrui in Kainuo Zhongxing. Upon completion of the transaction, the company will hold 21.46% of the equity in Kainuo Zhongxing, which will then become a subsidiary of the parent company and will not be included in the consolidated financial statements. This transaction has been approved by the company's board of directors and does not require further review by the shareholders' meeting. It does not constitute a related-party transaction or a major asset reorganization. However, there is still uncertainty regarding the delivery of the equity and the subsequent industrial and commercial registration changes.
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Source:Jin10 Data
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